Amid mass layoffs at several global and domestic tech firms, India’s largest IT firm TCS has reportedly said it is looking to hire startup employees who have lost their jobs.
In an interview with PTI, TCS chief Human Resources officer Milind Lakkad said the company is not considering any layoffs as it believes in grooming talent for longer careers once it hires an employee.
“We don’t do that (layoffs), we believe in grooming talent in the company; (there will be) no layoffs,” Lakkad said.
According to him, companies that have sacked employees are forced to take such a step because they hired more than they wanted.
TCS believes that once a staff member joins, it is the company’s responsibility to make them productive and derive value, he added.
If there is a gap between the skill sets required and what an employee possesses, the company focuses on training the employee, Lakkad added.
TCS, which employs over 6 lakh people, will be announcing hikes which will be similar to earlier years, Lakkad said.
With a slew of startups laying off people, especially in sectors like education technology, Lakkad said TCS will be looking to hire such impacted workers.
